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Mohammad Mustafa Could Be New NABARD Chairman As FSIB Recommended His Name

FSIB suggested Mustafa's name to lead NABARD. Mohammad Mustafa is recommended by the bureau for the position of Chairman at the National Bank for Agriculture and Rural Development (NABARD), according to a statement from the FSIB. Mohammad Mustafa served as the Small Industries Development Bank of India’s Chairman and Managing Director (CMD).
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1995 batch IAS officer of Uttar Pradesh cadre, Mohammad Mustafa might be the new Chairman of National Bank for Agriculture and Rural Development (NABARD) as the Financial Services Institutions Bureau (FSIB) on Wednesday recommended him for the important post.

FSIB suggested Mustafa’s name to lead NABARD. Mohammad Mustafa is recommended by the bureau for the position of Chairman at the National Bank for Agriculture and Rural Development (NABARD), according to a statement from the FSIB. Mohammad Mustafa served as the Small Industries Development Bank of India’s Chairman and Managing Director (CMD). Earlier, he had served as a Joint Secretary in the Department of Financial Services and also as a Director. He had also served as CMD of National Housing Bank between 2014-15 and as MD of CERSAI in 2016.

The headhunter for state-owned banks and financial institutions selected Chairman for NABARD after interviewing 15 shortlisted candidates on August 16-17, 2022.

The final decision on the recommendation of FSIB would be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi.


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